CEAT has approved an investment up to Rs 340 lakh by way of subscription in Rights Issue of equity shares of Tyresnmore Online, a wholly owned subsidiary of the company. With the proposed current investment, the company’s shareholding in Tyresnmore remains 100%.
CEAT is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.
| Company Name | CMP |
|---|---|
| MRF | 139010.00 |
| Apollo Tyres | 447.35 |
| CEAT | 3760.05 |
| Balkrishna Inds. | 2329.50 |
| JK Tyres & Inds. | 424.60 |
| View more.. | |
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